Interest-Only-Loans

Net Commercial Loans, LLc

Commercial Financing Made Simple

Interest-Only-Loans

Our Interest Only program is designed to allow borrowers time to reposition a property before obtaining permanent financing. Once the property is stabilized, VCC can perform a “streamlined” review and offer a no-hassle permanent loan. This program is ideal for the following situations:

Rehab/Repositioning

Quick acquisition

Turnarounds

Equity cash-out

Creative Financing

Give us a call at:
720.257.5337
or just fill out an application and one of our associates will contact you.

Loan Amounts:	$150,000 to $600,000
LTV:	Up to 65% of value
Term:	12 Month - Interest Only.
Minimum DCR:	N/A
Minimum FICO	N/A
Advantage	Simple loan documents No loan committees Closing in 30-45 days, sometimes faster if necessary
Appraisal	Ordered by Lender
Location:	All states except for: DE, IL, MA, ME, MI, ND, NJ, NY, OH, OK, PA, SD, VT, WI
Propery Types	Class I: multifamily and mixed-use Class II: office, retail, warehouse, self- storage, mobile home parks auto services (must clear environmental risk parameters)
Up-Front Fees:	Out of pocket expenses only.
Third Party Reports:	Standard Form appraisals; other third party reports may be required when indicated by collateral inspection.

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Terms and rates subject to change without notice. Product parameters may vary depending on geographic region. Please contact us for details.
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